Salt Lake City fundamentals proved resilient going into fall despite pressure from record deliveries, according to the latest Yardi Matrix Salt Lake City multifamily market report. Advertised asking rents rose 0.3%, on a trailing three-month basis through August, to $1,578, ahead of the 0.2% U.S. increase to $1,773. The area\u2019s 0.4% year-over-year uptick matched the national rate, as noted in the most recent U.S. multifamily market report<\/strong><\/a>. Salt Lake City occupancy in stabilized assets slid 20 basis points year-over-year, to 94.7% in July, while the U.S. figure dropped 50 basis points, to 94.2%.<\/p>\n